Okay, grumpy, now you're really confusing me.
Back in post #4 in this thread, you said:
So, you were clearly saying that trades are made after the close of the daily candle on which the signal occurs.
In your latest post, you say:
Now you are saying that trades can be made in the last 15 minutes before the close of the signal candle.
So, which is it?
This may, or may not, be a significant improvement in the strategy.
However, with the exception of the watch-list used, I have attempted to set up a test of the strategy as you first proposed it. Making changes to the strategy while the test is still going on would totally confuse the results. So, I will ignore any and all tweeks to the strategy, while I am running this test.
I haven't decided how long to run the test, but one of my objectives is to see all of the various things that can happen using this strategy -- successful trades, failed trades, stop-outs, reversals, whip-saws, etc. -- and get a feel for how often those things happen. So, this test will run for many days, at a minimum.
Let me digress for a moment, and deliver a mini sermon:
For anyone just joining this conversation, I'd like to point out that even a heavy-duty watch-list (30 pairs in the case of this test) can be handled with very little time spent each day. It's entirely possible to ignore the platform, while it runs 24/7, and simply open it up for analysis and update once a day, for 30 minutes or less.
This test is currently running 13 positions (one position got stopped out since I last reported my metrics), and it's currently showing 1,350 pips in unrealized profit.
In about 2½ hours, after today's candle closes, I will spend half an hour, or so, reviewing my entire watch-list (which includes 13 pairs currently being traded, and 17 pairs not currently traded) to (1) look for new signals, failed crosses, stop-outs, etc., and (2) exit existing trades, and/or enter new trades, as those signals dictate.
Thirty minutes a day to make more profit than most intraday traders can make sitting in front of their screens all day long.
End of sermon.
If I understand your stop-loss rules, you employ both a mental stop-loss (not entered into the platform) and a 400-pip catastrophic stop-loss (which is entered into the platform).
Do I have that right?